MISSISSIPPI LEGISLATURE
2003 Regular Session
To: Appropriations
By: Senator(s) Gordon
AN ACT TO DIRECT THE STATE TREASURER TO TRANSFER CERTAIN FUNDS INTO THE BUDGET CONTINGENCY FUND, FOR FISCAL YEAR 2003 AND FOR FISCAL YEAR 2004; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. (1) The State Treasurer shall transfer to the Budget Contingency Fund created in Section 27-103-301, Mississippi Code of 1972, out of the following enumerated funds, amounts listed below for each fund throughout the period beginning upon passage of this act and through June 30, 2003:
Agency/FundFund No.Amount
State General Fund$3,600,000.00
Working Cash-Stabilization Reserve
Fund$40,445,290.00
Department of Transportation funds$50,000,000.00
UM - State Court Education Program3257$100,000.00
Department of Health3301$2,500,000.00
Workers' Compensation Trust Fund3642$5,000,000.00
Employment Compensation Revolving
Fund3644$1,000,000.00
Tort Claims Fund3080$1,000,000.00
Unclaimed Property Fund3178$10,000,000.00
Gaming Commission3188$299,391.00
Oil and Gas Board3494$1,000,000.00
Department of Information
Technology3601$1,000,000.00
Camp Shelby Timber Fund3700$100,000.00
Real Estate Appraisers Licensing
and Certification Board3836$100,000.00
Public Contractors Board3834$300,000.00
DPS - Law Enforcement Officers'
Standards and Training Board3742$2,300,000.00
DPS - Emergency Telecommunications
Standards and Training Board3744$2,000,000.00
Department of Banking and Consumer
Finance3511/3512$200,000.00
DPS - County Jail Officer Board3741$200,000.00
Bar Admissions Board3055$300,000.00
Medical Licensure Board3829$200,000.00
Nursing Board3838$200,000.00
Motor Vehicle Commission3839$100,000.00
Foresters Registration Board3844$100,000.00
Public Accountancy Board3845$300,000.00
Pharmacy Board3846$750,000.00
Architecture Board3848$300,000.00
Criminal Justice Fund3086$350,000.00
MDA - CAP Loan Program34KX$1,500,000.00
Total $125,244,681.00
In addition to the amounts transferred to the Budget Contingency Fund in this subsection, the Pearl River Valley Water Supply District shall pay the sum of Four Million Dollars ($4,000,000.00) from their cash balance into the Budget Contingency Fund throughout the period beginning upon passage of this act and through June 30, 2003.
(2) From and after July 1, 2003, the State Treasurer shall transfer to the Budget Contingency Fund created in Section 27-103-301, Mississippi Code of 1972, out of the following enumerated funds, amounts listed below for each fund throughout the period beginning July 1, 2003 and through June 30, 2004:
Agency/FundFund No.Amount
Gaming Commission3188$300,609.00
Department of Wildlife, Fisheries
and Parks3460/3461/3462$2,000,000.00
DPS - Emergency Telecommunications
Standards and Training Board3744$1,000,000.00
Workers' Compensation Commission3521$100,000.00
Bar Admissions Board3055$50,000.00
Cosmetology Board3822$500,000.00
Auctioneers Commission3820$100,000.00
Barber Examiners Board3840$100,000.00
Pharmacy Board3846$250,000.00
MDA - CAP Loan Program34KX$2,000,000.00
Total $ 6,400,609.00
SECTION 2. In addition to the amounts transferred to the Budget Contingency Fund under the provisions of this act, the Budget Contingency Fund is hereby authorized to receive any additional funds that may become available to the fund from any source during the period beginning upon passage of this act and through June 30, 2004.
SECTION 3. This act shall take effect and be in force from and after its passage.